Global

Tether, a prominent player in the digital asset industry, has announced an $18.75 million investment in XREX Group, a blockchain-based financial institution. This investment aligns with Tether's goal of advancing crypto adoption and financial inclusivity worldwide.

DMM Bitcoin, a Japanese cryptocurrency exchange, has unveiled a fundraising initiative totaling 50 billion yen ($321 million). The objective is to acquire Bitcoin for compensating customers impacted by a recent security breach.

Binance Coin (BNB) broke through the crucial $700 threshold on Wednesday, reaching an all-time high of $709, marking a nearly 13% surge over the past day, according to CoinGecko data.

VeChain (VET), priced at $0.03389 with a trading volume of $50,880,818.66 over the last 24 hours, has seen a slight uptick of 0.21% in its price within the day, although it has decreased by 5.52% over the week. Despite these market fluctuations, VeChain has unveiled significant advancements.

Despite lacking awareness and understanding, half of the respondents from Germany indicated a willingness to consider using the digital euro as an additional payment option.

In May, the NFT market experienced a sharp decline, with overall sales dropping by 54%. Despite this, digital collectibles on the Bitcoin blockchain saw a surge in sales, reaching a new high of over $4 billion in total sales volume on June 4th, as per data from NFT tracker CryptoSlam.